What Is Project Profitability? 9 Key Steps to Create a Profitable Project
According to PMI’s ‘The High Cost of Low Performance’ 2014 report, organizations today are losing $109 million for every billion dollars spent on projects and programs. Organizations that have project management guidance lose 12...
Understanding Control Scope in Project Management
The control scope is a process that is probably one of the most crucial in maintaining the scope baseline and changes the scope baseline whenever necessary. The project managers will mainly look to avoid...
What is Project Governance? Understanding Its Significance
An effective Project Governance in an organization makes sure the projects keep running smoothly with respect to the three pillars of Project Governance i.e structure, people, and information in an organization. In this article...
Successfully Perform Integrated Change Control in Projects
Performing Integrated Change Control Process is an important process that is executed under the Integration Management Knowledge area and Monitoring and Controlling Process group. The reason it’s called 'Integrated' is that this is the...
Key Project Management Trends to Watch in 2025
As we approach 2024, project managers must stay informed about the latest trends and developments in the field. The project management landscape is constantly evolving, and staying ahead of the curve can make all...
The Role of Project Manager in Digital Transformation
Digital transformation is essential for businesses that want to grow and succeed in today's rapidly changing environment. However, for project management leaders responsible for implementing digital initiatives, it can take time to navigate the...
5 Proven Risk Mitigation Strategies in Project Management
There are new risks associated with each new project in an organization. Lack of a robust risk mitigation strategies make these risks present throughout the project lifecycle and can really slow down the entire...
How Organizational Culture Affects Project Management Success
Today, IT projects are critical for enterprises to thrive in this complex business environment. But, according to PwC’s report, where it reviewed more than 10,000 projects in 200 companies across the globe, only 2.5%...
The Role of Artificial Intelligence in Project Management
Artificial intelligence (AI) has the potential to revolutionize project management, bringing significant improvements in efficiency and accuracy. By automating certain tasks and providing valuable insights, AI can help project managers to make better decisions,...
Mastering Effective Group Creativity Techniques in Projects
Project managers have to deal with different types of people in any activities and it is the role of the project manager to initiate communication to get ideas from his or her team members....